DEVELOPMENT TRENDS AND CURRENT STATE ANALYSIS OF GREEN FINANCING IN OUR COUNTRY
Keywords:
green economy, green finance, green budgeting, climate change, green bonds, ESG, sustainable development, state budget, climate expenditures, renewable energyAbstract
This article examines the development trends, current state, and future prospects of green economy and green financing mechanisms in Uzbekistan. It analyzes the implementation of green budgeting principles, the scale of climate adaptation and mitigation financing, and the environmental impact of public budget expenditures. The study evaluates the dynamics of climate-related expenditures for 2020-2024 and their share in GDP and total government spending based on statistical data. The role of green bonds, international grants, and loans, as well as Uzbekistan’s priorities in developing a green finance market, are discussed in detail. The article concludes that strengthening the institutional framework of green finance, expanding private sector involvement, and integrating ESG principles are essential for ensuring long-term economic and environmental sustainability.References
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